Sometimes the articles about the rules miss some key points as the NCAA by-laws are often complex and entangled. The only way you really know is to read the actual by-law language.
Even though Love technically transferred in CY 2014 (before the new rule went into effect), his affected eligibility would be for the 2015/2016 season regardless of whether the old or new standard was used.
I think his request and the Tulsa player's request could be adjudicated under the "old" waiver criteria. Most kids transfer at the end of the spring semester as a first semester transfer has no affect on their eligibility timetable. If adjudicated under the "old" waiver request process I think it would likely be denied as are most such waiver requests to the 1 year residency requirement. Furthermore, if his waiver request was adjudicated under the old provisions (and denied) he might not be eligible for the 6th year granted under the new provisions.
FWIW, I think the new rule allowing any transfer to earn back that lost year of eligibility is excellent. Plenty of kids make a mistake and the loss of a year of eligibility is a pretty steep price to pay. JMO.
Peace
